Taxi aggregator Ola on Friday announced its partnership with MapmyIndia by acquiring a multi-year licence. Also Read - Ola Electric announces to help rider in high-impact road accident
“Through this partnership, Ola will get complete access to mapping data from MapmyIndia, which has the IP ownership for the most comprehensive, accurate and updated digital map data for the country,” Ola co-founder and CTO Ankit Bhati said in a statement. Also Read - Ola Electric to open 100 experience centres in India by January 26, says founder Bhavish Aggarwal
This “first-of-its-kind” partnership in the country would also enable consistent map updates from MapmyIndia to Ola, making the data rich and relevant, he said. Also Read - Ola S1, Ola S1 Pro arrives in Gerua colour variant, Ola S1 gets five more colours
Geo-information was at the core of Ola’s mobility business and and the company had invested considerably in this area since inception, Mr. Bhati said. Ola also plans to build smarter routing algorithms that will result in improved efficiency for driver-partners and significantly lower ETAs for customers, Ola executive director and chief business officer Shivalik Prasad said.
“Ola has been the pioneer in the mobility market, by innovating and creating value locally, for millions of its users and drivers. We are delighted to partner with Ola to offer them access to our best in class mapping data, that they can use to further build customized mobility solutions for India” said Shivalik Prasad, Executive Director & Chief Business Officer.
“Ola’s fast growing Geo-location services team, comprising of engineers, product managers and analysts, is focused on building cutting edge technology that can be used to revolutionize the product experience for consumers and driver partners,” he added.